Ineffable Intelligence Ltd., a startup led by former Google DeepMind principal research scientist David Silver, is reportedly raising $1 billion in funding.<\/p>\n
The Financial Times on Tuesday cited<\/a> sources as saying that Sequoia Capital is leading the round. DeepMind parent Alphabet Inc., Nvidia Corp. and Microsoft Corp. could reportedly chip in as well. It\u2019s believed that the round will value Ineffable Intelligence at $4 billion.<\/p>\n The London-based startup doesn\u2019t have a product yet. It was founded last November by Silver, who reportedly<\/a> left DeepMind around the same time. During his tenure at the Alphabet unit, he led the development of reinforcement learning technologies for several high-profile AI projects. Ineffable Intelligence reportedly plans to build on that work as part of its research efforts.<\/p>\n One of the DeepMind projects that Silver helped lead is AlphaGo, an AI model trained to play the Go board game. The algorithm made computer science history in 2016 when it beat the world\u2019s top player. In 2018, Silver\u2019s team launched an upgraded version of AlphaGo called AlphaZero that was also adept at chess and shogi<\/a>.<\/p>\n Both AlphaGo and AlphaZero were trained using reinforcement learning. A team that included Silver also used the technique to train AlphaStar, an AI model optimized to play a video game called \u201cStarCraft II.\u201d The algorithm represented a notable research milestone because \u201cStarCraft II\u201d doesn\u2019t give players full information about the state of a match, which makes it more difficult than Go in certain respects.<\/p>\n The core concept behind reinforcement learning is to train AI models through trial and error. During a reinforcement learning run, a neural network is given a set of training prompts to process. Its response to each prompt is then compared with a prepared, correct answer. If the AI model answers a question incorrectly, it receives feedback that helps it improve.<\/p>\n During Silver\u2019s tenure at DeepMind, the Alphabet unit developed not only new ways of applying reinforcement learning but also enhancements to the technology\u2019s theoretical foundations.\u00a0<\/p>\n Reinforcement learning uses an algorithm called a loss function to orchestrate the AI training workflow. Last year, DeepMind detailed<\/a> a new approach to loss function development called DiscoRL. It replaces traditional loss function algorithms with a neural network that can improve itself over time with the help of AI agents. According to Google, DiscoRL outperforms many earlier alternatives.<\/p>\n It\u2019s unclear which reinforcement learning approaches Ineffable Intelligence plans to use or what tasks it will seek to automate with its products. However, the fact that Google and Microsoft are reportedly considering investing hint that the company\u2019s software won\u2019t directly compete with their offerings.<\/p>\n Ineffable Intelligence wouldn\u2019t be the first pre-product AI startup to raise a 10-figure funding round. Thinking Machines Lab Inc., a company led by former OpenAI Group PBC Chief Technology Officer Mira Murati, raised<\/a> a $2 billion seed round several months before launching its Tinker<\/a> AI fine-tuning service. Safe Superintelligence Inc. earlier closed<\/a> a $2 billion investment at a $32 billion valuation.<\/p>\n Image:\u00a0Unsplash<\/a><\/p>\n Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE\u2019s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.<\/p>\n 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more About SiliconANGLE Media<\/p>\n SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE<\/a>, theCUBE Network<\/a>, theCUBE Research<\/a>, CUBE365<\/a>, theCUBE AI<\/a> and theCUBE SuperStudios \u2014 with flagship locations in Silicon Valley and the New York Stock Exchange \u2014 SiliconANGLE Media operates at the intersection of media, technology and AI.<\/p>\n Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.<\/p>\n","protected":false},"excerpt":{"rendered":"Ineffable Intelligence Ltd., a startup led by former Google DeepMind principal research scientist David Silver, is reportedly raising…\n","protected":false},"author":2,"featured_media":305031,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[61,60,47380,143801,13065,80],"class_list":["post-305030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-ie","tag-ireland","tag-maria-deutscher","tag-new-ai-startup-ineffable-intelligence-reportedly-raising-1b-funding-round","tag-siliconangle","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/305030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=305030"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/305030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/305031"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=305030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=305030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=305030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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